Wall Street analysts predict that Univar Inc (NYSE:UNVR) will announce $2.81 billion in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Univar’s earnings. The highest sales estimate is $2.84 billion and the lowest is $2.78 billion. Univar reported sales of $2.37 billion in the same quarter last year, which would suggest a positive year over year growth rate of 18.6%. The firm is expected to announce its next earnings report on Wednesday, August 7th.
On average, analysts expect that Univar will report full-year sales of $10.29 billion for the current fiscal year, with estimates ranging from $10.12 billion to $10.53 billion. For the next year, analysts forecast that the business will post sales of $10.93 billion, with estimates ranging from $10.43 billion to $11.29 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Univar.
Univar (NYSE:UNVR) last issued its quarterly earnings data on Thursday, May 9th. The basic materials company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.23 by $0.10. Univar had a return on equity of 16.35% and a net margin of 0.50%. The company had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $0.42 earnings per share. Univar’s quarterly revenue was up .1% compared to the same quarter last year.
NYSE UNVR opened at $22.04 on Friday. The stock has a market capitalization of $3.60 billion, a P/E ratio of 13.60, a PEG ratio of 1.39 and a beta of 1.54. The firm has a 50 day moving average price of $21.62. Univar has a 1-year low of $16.33 and a 1-year high of $31.23. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.45 and a current ratio of 2.04.
In related news, Director Christopher D. Pappas acquired 10,000 shares of Univar stock in a transaction that occurred on Monday, May 13th. The shares were purchased at an average price of $22.41 per share, for a total transaction of $224,100.00. Following the completion of the transaction, the director now owns 11,911 shares in the company, valued at approximately $266,925.51. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.50% of the company’s stock.
A number of institutional investors have recently made changes to their positions in UNVR. Rhumbline Advisers lifted its position in shares of Univar by 1.8% during the 4th quarter. Rhumbline Advisers now owns 104,935 shares of the basic materials company’s stock valued at $1,862,000 after acquiring an additional 1,821 shares during the period. PNC Financial Services Group Inc. increased its stake in Univar by 52.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 24,355 shares of the basic materials company’s stock valued at $432,000 after purchasing an additional 8,379 shares in the last quarter. California Public Employees Retirement System increased its stake in Univar by 36.6% during the 4th quarter. California Public Employees Retirement System now owns 209,732 shares of the basic materials company’s stock valued at $3,721,000 after purchasing an additional 56,232 shares in the last quarter. New York State Common Retirement Fund increased its stake in Univar by 24.7% during the 4th quarter. New York State Common Retirement Fund now owns 765,955 shares of the basic materials company’s stock valued at $13,588,000 after purchasing an additional 151,894 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Univar by 3.2% during the 4th quarter. BlackRock Inc. now owns 4,811,404 shares of the basic materials company’s stock valued at $85,354,000 after purchasing an additional 147,168 shares in the last quarter. Hedge funds and other institutional investors own 94.61% of the company’s stock.
Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
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